Wyoming’s Joint Corporations, Elections and Political Subdivisions Interim Committee has endorsed a draft fraud bill that would provide insurers from civil liability for furnishing information relating to insurance fraud and unfair trade practices to law enforcement agencies.
According to the Coalition Against Insurance Fraud, law enforcement agencies now must obtain subpoenas before receiving case material from insurers. The bill draft protects insurers from civil liability, and would preclude the burden of obtaining a subpoena, the Coalition explained.
The act is scheduled to take effect July 1, 2011.
Was this article valuable?
Here are more articles you may enjoy.
Navigators Can’t Parse ‘Additional Insured’ Policy Wording in Georgia Explosion Case 
LA County Told to Pause $4B in Abuse Payouts as DA Probes Fraud Claims 
FM Using AI to Elevate Claims to Deliver More Than Just Cost Savings 
Cape Cod Faces Highest Snow Risk as New Coastal Storm Forms 
Want to stay up to date?
Get the latest insurance news
sent straight to your inbox.